AUDUSD has broken out of its range to the upside on the 4-Hour chart. It is currently in a drop-base-drop on the 4-hour so looking for confirmation short (removal of demand zones on the 1hr) to take short back down to .6861. In this particular trade there are two levels on top of each other on the 1-hour, therefore I am taking the further, more conservative entry at the extreme level to take long.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.